HAY ESTATE

No. 505.

63 Pa. D. & C. 2d 19 (1973)

Hay Estate

Common Pleas Court of Philadelphia County, Pennsylvania.

June 18, 1973.


Attorney(s) appearing for the Case

Catherine R. Barone, Michael von Moschzisker and Israel Packel, for exceptants.

Martin J. Levitas and J. Peter Williams, contra.

Before Klein, A. J., Bolger, Saylor, Shoyer, Pawelec and Silverstein, JJ.


SHOYER, J., June 18, 1973.—

ADJUDICATION SUR EXCEPTIONS

Where executors have paid collateral inheritance tax on the original life estates of six nieces created in a fund of $180,000 and thereafter the corporate trustee has paid taxes contemporaneously on successive life estates until the death of the last surviving niece, which terminates the trust, is the Commonwealth then estopped from reappraising the clear value of the remainder and assessing...

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